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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Public Storage | NYSE:PSA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.92 | 1.05% | 279.83 | 282.92 | 278.30 | 278.30 | 622,167 | 00:42:32 |
From May 2019 to May 2024
By Waverly Colville
Public Storage (PSA)'s net income rose by 26% compared to last year's quarter, as revenue increased 3.2%, the company reported Wednesday.
The storage company' net income was $348.3 million, or $2 a share, up from $276.7 million, or $1.59 a share, a year earlier. The company's funds from operations, which adjusted for items like depreciation and gains on sale, was $2.65 a share, beating the $2.61 expected by analysts polled by FactSet.
Revenue rose to $685.5 million from $664.3 last year.
Shares fell 0.7% during post-market trading Wednesday.
Write to Waverly Colville at waverly.colville@wsj.com
(END) Dow Jones Newswires
August 01, 2018 17:39 ET (21:39 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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